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Brian Corporation Information is given below:
Fixed manufacturing overhead in beginning inventory = $45,000
Fixed manufacturing overhead in ending inventory = $52,500 Variable
Manufacturing overhead in beginning inventory = $14,250 Variable
Manufacturing overhead in ending inventory = $30,000
Fixed selling and administrative costs = $724,000
Units produced 5,000 units
Units sold 4,800 units
QUESTION:
Whats the DIFFERENCE between the operating incomes under absorption costing and variable costing?
Answer & Explanation
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